UK FTSE 100 surges to a 14-month high, closing at 6,851
The UK FTSE 100 reached a 14-month high on Tuesday, closing 42 points, or 0.6%, higher at 6,851 – the highest level since June...
UK steelmaker Caparo goes into administration, 1,700 jobs at risk
The majority of Caparo Industries’ businesses are in administration, according to reports citing people familiar with the matter, putting 1,700 jobs at risk.
The company,...
UK solar power breaks record, generates more energy than nuclear for first time
Solar energy panels in the UK generated a record amount of energy on Friday, May 26, with output rising to 8.75GW of power, meeting...
How financial leaders plan on winning back public trust
Financial leaders have devised a new way of winning back public trust.
The World Economic Forum has just launched a new Multistakeholder Compact as a means...
IMF warns that Trump’s tariffs on steel and aluminium would hurt the US and...
The International Monetary Fund (IMF) warned that US President Trump’s plan to impose a 25% tariff on steel imports and 10% tariff on aluminium...
Giant Greenland glacier crumbling – could raise sea by 18 inches
A giant Greenland glacier - Zachariae Isstrom – that holds enough water to raise sea levels globally by at least 18 inches, has become...
What is an acquisition?
The business term ‘Acquisition’ refers to the purchase of all or most of a target company’s shares in order to gain control of it....
Low fuel costs causes drop in consumer prices
Consumer prices in the US were pulled lower because of low gasoline prices, which eased inflation in the economy.
According to the US Labor Department,...
Weight Watchers 47% profit fall
Weight Watchers announced a 47% fall in profits to $30.8 million in 2013, the biggest decline on record, sending shares down by 25% during...
Oracle appoints Leon Panetta to its board of directors
Leon Panetta has been unanimously elected to Oracle’s board, according to an announcement made on Monday.
Oracle, based in Redwood City, said that appointing Panetta...